For the majority of home owners and investors, buying and/or selling a property is one of the most significant financial transactions you’ll conduct in your life.
It is now extremely common for buyers to have an independent building inspection completed prior to finalising the purchase of their property. However, there is a misconception that Pre-Sale Inspections are only beneficial to the buyer.
But as a seller, getting your own independent Pre-Sale Building Inspection can be hugely beneficial, saving you both time and money.
Are Pre-Sale Building Inspections Essential For Buyers?
Absolutely. An independent building inspection is crucial when purchasing a property, to identify any problems and avoid costly expenses down the track. Property is one of the most significant investments you’ll ever make so it’s important that you know exactly what you’re getting into, so you can make an informed decision before you sign on the dotted line.
Knowing about any issues, gives you greater negotiating power, ensuring you pay a fair price for your future property. A Pre-Sale Building Inspection is a small investment for the peace of mind that you will not be required to spend thousands of dollars down the track on faults that were present prior to the purchase of your property.
Are Pre-Sale Building Inspections Beneficial To Sellers?
Yes, especially if it is organised before you list your home on the Perth market for sale. Why? Any significant issues detected during the Pre-Sale Building Inspection can slow down the buying process and potentially result in lengthy negotiations and a lower than expected settlement price. So organising your own Pre-Sale Building Inspection as the seller provides you with a complete understanding of your properties condition.
Then, if any issues or faults are detected with the property, you have the option to remedy the issues prior to going to market, or prepare for a negotiation on price reduction. Furthermore, producing this document up front not only gives greater confidence to the buyer, but also greater credibility to you as the seller when their own Pre-Sale Building Inspection matches up.
What To Expect From Your Pre-Sale Building Inspection?
Building Inspections should be an easy process for all parties involved. It’s crucial that you hire experienced, reputable and qualified inspectors to complete your pre-sale property inspection, ensuring that you receive excellent quality service.
Our independent building inspections are conducted by a registered builder who will visit and analyse your current property, or the property you are looking at purchasing. We will thoroughly check your property for any structural defects or loss of their intended structural integrity. This includes:
- the building interior
- sub floor space
- roof space
- and roof exterior.
For a premium inspection, you can also receive a more detailed inspection report which will include:
- electrical fittings
- safety switches and alarms
- drainage etc.
If you would like any further information or have any questions regarding Independent Building Inspections, please feel free to contact Ben Black:
Ben Black – Total Home Inspections
M: 0431 330 358